Funds Stolen From The DAO About One Year Ago Would Be Worth $1.35 Billion Today!!

This was a very important defining moment in Ethereum history! For anyone who doesnt know, this was the event that mainly caused there to be Ethereum and Ethereum Classic! This event raised over $125 Million via crowdfunding and promptly saw funds being drained due to a smart contract bug. One year ago, things were looking rather problematic for the Ethereum ecosystem! Its powerful technology allows for some innovative business models, including decentralized autonomous organizations! One project, known as the DAO, decided to use this business model to change the world as we know it. The DAO hosted a massive ICO, and raised a lot of money in the process. In fact, it became the worlds largest crowdfunding project to date! Unfortunately, the DAO also attracted a lot of negative attention, and hackers were able to find a flaw in the projects smart contract code. As a result, individuals were able to drain money from the DAO of up to $60 Million worth of Ethereum! This instantly created a lot of people who wanted to find a solution , which came the Ethereum Hard Fork, A.K.A. Ethereum Classic! Fast forward today, and both Ethereum and Ethereum Classic are doing very well! Although a lot of people still feel The DAO hard fork should have never happened, one cannot deny Ethereum has grown spectacularly over the past few months. New and innovative concepts still make use of the Ethereum blockchain and all of the technology it has to offer. Cryptocurrency ICOs are taking place on a weekly basis, and a lot of funds is being raised in the process. Thank you so much for reading this story, I hope you liked it and found it interesting, if you did or didn't, please comment your thoughts below. Please don't forget to UPVOTE and FOLLOW me, it will be greatly appreciated and I will do the same for you! Take Care and have a great day! -JOSH D-